Topic: How can we make this world economically better? - page 36. (Read 28370 times)

We canare make our economy better by joining forces in bringing good things for our country economically. We are also competing to show that our country isn't a worst thing as what others think.

The government should provide livelihood and educaction to all people who are less fortunate and those that belong to the poverty line. We should help one another to make our exonomy better. Good economy start from the leader down to his subordinates. Proper llocation of budget to priority to least priority.

Education and infrastructure development is what we need to break this line!

Unless and until everyone is equally educated we can not help the people to grow themselves and the nation itself. If they are educated then they can get good jobs, nice salary and professionalism in them.

Once they start like that then they will help the country grow as well in terms of its economy too.

For making this world economically better we have the example of bitcoin. In bitcoin you can see there is not any restriction of borders, castes, wealth, ethnicity etc and all of the community is working together like a family. So if the remaining world will also become a one unit and they will remove all the discrimination among the people then a society will originate when all of the humans will be considered as the same and we all will get the same opportunities of working and we all will earn the same and we all will spend a better life and no one will face poverty if all other are rich.

These problems are really important in our world, and it is not so easy to solve them. Maybe in the future people who get rich with the help of crypto-currencies will contribute to the development of such countries.

Thank you for taking time to elaborate. Indeed smart contracts, after being improved, will replace many current business agreements because with them you can get rid of the lawyer's fees while making the contract even stronger. But for now, when the system is only in its early stage and yet unknown holes can be exploited maliciously, I think it's very important to implement a decent time delay in every contract to have the opportunity to fix everything before a hacker can remove funds in case of an attack.

No government can be perfect. Everyone has its own flaws and loopholes and on the same time, they have their own goods and benefits for their citizens. But majority of the countries are getting better measures to make their citizens’ lives easier and prosperous. Bitcoins are of big help in this regard too. They are better to provide good income source to the people throughout the world.

This is government problem and we have nothing to do with this. I'm from Asia and I don't see people die because of hunger, maybe some part of Africa but not the whole as you stated. Yes inflation increases and this is a big problem the authority has to deal with but as what I say it is the government's job to eradicate the situation.

Cryptocurrency is just the factor that can change the world. If everyone will support the crypto currency, and not just lie for days on the couch, the world will change faster.

First of all we have to value education and prepare our children and their next generation to be financially well guided that they have to work hard to avoid poverty, we have to be honest in paying our taxes so that we can help our government also perform their duties and responsibilities to the community.

Maybe government shoulf make or conduct different programs that corresponds to the different needs of that particular people. But before that may be the first thing to do is to eliminate the greedy and corrupt politician because although they conduct different great programs to decrease poverty as long as the greed politician is still on its position that programs was useless..

And for me one mote thing to increase poverty and to increase the economy people and government should have cooperation and unity with one goal.

Narrow the gap between the rich and the poor, raise taxes on the rich, and apply those taxes to the poor's employment opportunities.

Increase aid to less developed areas, which includes not only money but also scientific and cultural knowledge.

Japan today is using cryptocurrency in order to improve their own economy and if all of the countries will just do the same thing then the community on other countries as well will live a wealthy life.

Actually, it shouldn't be. The added value should be "how we score", and money should be only the compensation given for that in order to replace the need for the direct trade (barter). That is why both creation and distribution of money must be changed. Only then when the money will become what it is - a piece of a paper or a digit (zeroes and ones) that only serves as a check (brought back to its initial purpose - to ease the trade, not complicate it), and not the actual thing of value, will the society make a progress towards the society of justice and equality.


Yes, Betwrong (does this mean you are betting wrong all too much?     ), thank you for the observation. So, my opinion is that (I am an economist so I apologize for bringing actual names and theories into it ) Milton Friedman's free market and John Maynard Keynes' interventionism theory should co-exist and that Satoshi's redesign of the money creation and distribution process + Vitaly Buterik's smart contract system can help in making it possible.

There was another constructive topic on this site (https://bitcointalksearch.org/topic/m.29392144) where we came to a kind of conclusion that a free market and capitalism are the best way to make industrial and economic progress while interventionism and socialistic way of thinking (I won't say "socialism" because to the most of the people it brings back bad memories... however socialism was a good idea of a very poor practical application) are the best way to diminish the segregation process that is the unfortunate by-product of capitalism and free market.

However, interventionism has to be done by governments, and that means by people who by nature are flawed and greedy. We all know that politicians, in most of the cases, even when making decisions beneficial for the society, are actually just doing moves designed by political trading in order to earn some political points (support of the society or/and support of other politicians).

Hence, this interventionism has to be supported by something more objective. If we are talking about the distribution of the money, you can, for example, make a technical committee which decides on the proper distribution and the distribution can be done through Blockchain and secured through smart contracts. Smart contracts would ensure that the money arrives where it was supposed to arrive as they have a self-correcting factor. This means basically this - if I was to buy a property from you, we would make a smart contract and it would make sure that I don't own the property until I pay and that after this contract has been concluded you don't have any means to cheat me (hold the key or something like that)..., or vice-versa. No need for lawyers, no room for cheaters to take money for themselves etc.

Of course, we are far from that, both Blockchain and smart contract system are still flawed, but they already showed us they can be very powerful tools.

That happened it is because they don't even try to save while other are frugal because they look forward for the future usage. People become successful of the outcome that matter most of the sacrifices and hardwork. We can make this world economically better through helping each other to success and give work to those in need. Let the person stand by his own so that he can learn.

An increase in economic growth is an increase to the consumer consumption that the total economic output of a country, which increases income per capita. In simple terms, the economy can be better if there is productivity, an increase in gross domestic product (GDP), which is defined as the combined value of all goods and services produced within a country in a year. Discovery of a new resource is a great way to generate economic growth, labor force, as well as creating superior technology or other capital goods and most importantly is specialization of the laborers in their crafts. The government should mainly take part to this, cutting of corporate tax rate would have a great impact to the economy because more new businesses can be structured with a low corporate tax rate.

To correlate the question with this market, I think that it should be made sure that the cryptocurrency market, or its earnings therefrom, should be used to economy-strengthening practices that can help a country become more financially and economically stable. As more and more revenue, coupled with an efficient and effective means of use, then it would surely help in making that country begin to rise and improve.

Making the world economically better is not in the hand of the government alone but if every body see it as their responsibility to make sure the country or the whole world develop the effect will be seen very fast. Make sure you contribute your own quarter toward development and eradication of poverty.

This can be achieved if everyone that are in various sectors keep contributing their own qouta in and most especially the private sector

we just need to pay the tax properly, and of course because the tax allows a country to be fair to the payment and to the bill also for fair and balance